Bank of America Corp DE Takes $1.20 Billion Position in Valero Energy Corporation $VLO
MarketBeat
Bank of America Corp DE has acquired a new position in Valero Energy Corporation (NYSE:VLO) worth approximately $1.20 billion, representing a 1.59% stake. This move comes as institutional investors increase their holdings in the company, with Valero maintaining a "Moderate Buy" consensus rating and a dividend payout. Valero recently reported strong quarterly earnings, exceeding analyst estimates, and its stock has seen significant price appreciation, though some analysts suggest it may be approa
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